In re JPMorgan Chase & Co. Securities Litigation
A team of Stoll Berne attorneys served as Special Assistant Attorneys General to the State of Oregon in its role as co-lead plaintiff in a securities fraud class action lawsuit against JPMorgan Chase. Plaintiffs alleged that JPMorgan misled investors about the severity of the over $2 billion loss suffered by the company in the “London Whale” trading scandal. When the truth came out, JPMorgan’s stock price dropped. Working closely with co-class counsel Bernstein Litowitz Berger & Grossmann LLP, Grant & Eisenhofer, P.A., and Kessler Topaz Meltzer & Check, LLP, Stoll Berne attorneys Keith Ketterling, Keith Dubanevich, and Keil Mueller helped to obtain a $150 million settlement on behalf of JPMorgan investors.